Market Control

Restraint of Trade
Restraint of trade encompasses illegal practices that interfere with free competition in commercial transactions, which may restrict production, influence prices, or control the market to the detriment of consumers.
Vertical Integration
Vertical integration refers to a strategy where a firm takes control over several production or distribution steps involved in the creation of its product or service. This can include owning the suppliers of raw materials, the manufacturing process, and the distribution channels.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.